Archive for the ‘Economy’ Category

May 3, 1921 - West Virginia became the first state with a sales tax

Monday, May 3rd, 2010

From what we hear, you would think states have always had sales taxes.  The Republic survived 130 years without any sales taxes.  The problem isn’t so much that we have too many taxes, although we do.  The real problem is that we spend so much, and new government programs are always funded with money someone else.

Did you notice that income taxes and sales taxes arrived at the height of “The Progressive Era”?  These are the same people who believe that Government can and should solve all problems.  Of course, solving problems requires money.  Unfortunately, its your money.

Now Wall Street is a crisis again

Tuesday, April 27th, 2010

Team Obama (Organizing for America) sent out an E-Mail tonight stating, “Both parties have worked for months crafting a bipartisan Wall Street reform bill. But, just hours ago, Senate Republicans — including Senator George LeMieux — voted for a second time to protect their allies on Wall Street and block reform.”

Of course the “reform” does nothing about the causes of the recession that helped get Obama elected.  It does nothing about Fannie Mae and Freddie Mac, who acted on behalf of Democrat Congressmen, paid their officers (mostly Democrat politicians) millions of dollars, causing the housing bubble and bust.

Why isn’t Team Obama telling us that when they punish Wall Street, the punish pension funds, 401K’s, 403B’s, and IRA’s?

I think it is great that one Democrat sided with the Republicans (and two were nowhere to be found)  preventing movement of this ill conceived bill.

Of course, it was just a coincidence that the SEC (Securities and Exchange Commission) narrowly voted to press charges against Goldman Sachs as the bill came up for a vote.  Just like it is a coincidence that Obama was on the board of directors of the Joyce Foundation when it funded the Chicago Climate Exchange.  Just like it is a coincidence that Goldman Sachs bought a 10% share of the Chicago Climate Exchange.   Just like it is a coincidence that the Climate Change bill will make the Chicago Climate Exchange and Goldman Sachs a lot of money.

What do educational loans have to do with health care?

Thursday, March 25th, 2010

Why did the fixes to the health care reform law need to include the government take over of all education loans?

Is this more proof that the issue is not health care, but government control?

Stupak is as Stupak does.

Monday, March 22nd, 2010

Sorry, but even Forrest Gump could tell that a promise of an Executive Order does not supersede a law.

If Obamacare is about healthcare then why will the IRS run it?

Saturday, March 20th, 2010

The health care bill puts the IRS in charge, not the Department of Health and Human Services.  Doesn’t that scare you?

Demon Pass?

Friday, March 19th, 2010

Yes, I know it is really “Deem and Pass”.  But considering that “Deem and Pass” is just ignoring the Constitution, “Demon Pass” would be just as accurate in describing a process of acting as though a bill passed without voting on it.

Talking without a teleprompter

Thursday, March 18th, 2010

President Obama talking without a teleprompter about Obamacare.

Healthcare, if …

Wednesday, March 17th, 2010

“The Healthcare bill: if it was good policy, it would be law already!” - Dana Perino

We must act now on healthcare?

Saturday, March 6th, 2010

President Obama said today that “We must act now on healthcare”, but what is the rush if we are to start paying for it now, but won’t see any of the major benefits of the plan for a few years, other than a few things that could stand on their own and wouldn’t bust the budget.  What is the rush?  Is it that he doesn’t want people to think through what is being proposed?

Is it Constitutional?

Wednesday, December 23rd, 2009

The Senate’s Health Care Bill has a clause the says it can’t be repealed by a future Congress.  Doesn’t it take a Constitutional Amendment to do that?

The Senate’s Health Care Bill  treats people in different States differently.  Doesn’t this violate the “equal protection” clause of the Constitution?

How else does this The Senate’s Health Care Bill violate the Constitution?